These forms serve as the means by
which eligible borrowers in the FFEL, Direct Loan, and Perkins Loan
programs apply for discharge of their loans based on school closure
(FFEL, Direct Loan, and Perkins Loan program loans) or false
certification of student eligibility (FFEL and Direct Loan program
loans only). The holders of FFEL, Direct Loan, and Perkins Loan
program loans use the information collected on these forms to
determine whether a borrower meets the eligibility requirements for
a closed school or false certification loan discharge.
A change to the regulations in
34 CFR 674.33(g), 682.214(c) and 685.214(c) specifies that a
borrower may qualify for a closed school loan discharge if the
borrower withdrew from the school not more than 120 days before the
school closed, an increase from the current 90 day standard. We
estimate that the number of affected respondents could increase by
108 and that the burden would increase by 54 hours.
$457,030
No
No
No
No
No
Uncollected
Beth Grebeldinger 202
708-8242
No
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.